ISBN: 9781130061017

RareBooksClub. Paperback. New. This item is printed on demand. Paperback. 96 pages. Dimensions: 9.7in. x 7.4in. x 0.2in.This historic book may have numerous typos and missing text. Purc… Mehr…

RareBooksClub. Paperback. New. This item is printed on demand. Paperback. 96 pages. Dimensions: 9.7in. x 7.4in. x 0.2in.This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1893 Excerpt: . . . if they, although aware of their insolvency, have, with a view to Tavor a creditor above, the rest, guaranteed such creditor a security or satisfaction to which he had no claim in such manner or at such time. In Austria, this matter is not regulated in the bankrupt law, and it is in the Penal Code that we must look for the punishment meted out to simple and fraudulent bankrupts. If a debtor becomes bankrupt and cannot prove that it was through misfortune alone that he has become unable to pay his creditors in full; or if he has been guilty of extravagance, or if after he is already insolvent he has not announced the fact immediately to the court, but contracted new debts, made fresh payments, or assigned a pledge or other security, such person, in. so far as he has not committed what the law regards as fraud (Being. is guilty of. a misdemeanor (Vcrgeheij) and is to be punished with strict arrest (slrenger Arrest for from three months to one year. This same penalty will be inflicted upon a trader who has become bankrupt, in certain additional cases, viz. , if he has entered upon a business when already involved in debt, or if he has entered upon a business for the conduct 1 Handilsgesettbuch, Art. 29. Kunltursordnvng, 210. Uit. , 211. Stringer Arrest in Austria is the second grade of the punishment of. 4rrest, which is inflicted upon those guilty of misdemeanors and minor offences. The culprit is imprisoned without fetters, and his maintenance and occupation are governed by the regulations of the institution in which he is confined. Stmfgestttluch, 245. 205 BANKRUPTCY. 23 of which the commercial law requires a certain amount of capital, without possessing the same and by deceiving the proper authorities as to the true condition of his. . . This item ships from La Vergne,TN., RareBooksClub<